Hope, Inc. Provides Earnings Forecast for the Quarter Ending December 2020 and Quarter Ending June 2021
November 09, 2020 at 02:00 am EST
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Hope, Inc. provides earnings forecast for the quarter ending December 2020. The company forecast Net sales of ¥14,000 million. Forecast Operating profit of upper end of ¥490 million and lower of 250 million. Forecast Profit upper end of ¥320 million and lower of ¥150 million. Basic earnings per share upper end of ¥53.53 and lower of ¥25.0.
The company forecast earnings forecast for the quarter ending June 2021. The company forecast Net sales of ¥25,300 million. Forecast Operating profit of upper end of ¥1,750 million and lower of 1,250 million. Forecast Profit upper end of ¥1,170 million and lower of ¥830 million. Basic earnings per share upper end of ¥195.72 and lower of ¥138.85.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.